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Washington DC & Mid-Atlantic  + Apartments  |  July 15, 2020
David Cohen
By: David Cohen

Metro D.C. Apartment Community Trades for $82M

Privately-held real estate investment company FCP has sold Potomac Vista Apartments, a 408-unit apartment community in Woodbridge, VA. The community was acquired by Jair Lynch Real Estate Partners and Nuveen for $81.5 million.

The three-story property was built in 1987 and consists of a mix of one-, two- and three-bedroom floor plans. Amenities include a fitness center, pool, business center, playground and clubhouse. FCP acquired the property in 2016. The community is located at 14101 Kristin Court and is 25 miles southwest of Washington D.C.

Brian Crivella, Walter Coker and Robert Jenkins of JLL represented FCP in the transaction.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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